Local Currency and Securities Market Financing for Microfinance Institutions
The project's purpose is to help Tier 2 and Tier 3 microfinance institutions to access domestic capital markets and local currency financing, in order to expand their operations to reach underserved populations. A fund will be established that will provide local currency lending and will underwrite debt placements of MFIs in the domestic (local currency) capital markets.

Project Detail

Country

Regional

Project Number

RG-L1107

Approval Date

July 17, 2013

Project Status

Closed

Project Type

Loan Operation

Sector

FINANCIAL MARKETS

Subsector

FINANCIAL INCLUSION

Lending Instrument

Multilateral Investment Fund Instrument

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 2,028,000.00

Country Counterpart Financing

USD 28,000.00

Original Amount Approved

USD 2,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
2960/MS-RG Non-Sovereign Guaranteed USD - United States Dollar MIF-Small Enterprise Investment Fund MIF Financing
Operation Number 2960/MS-RG
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: MIF-Small Enterprise Investment Fund
  • Financial Instrument: MIF Financing

Can’t find a document? Request information

 Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1983553961-31819
Agree-Mif Equity
Local Currency and Securities Market Financing for Microfinance Institutions in Latin America [37853190].PDF
Jan. 21, 2015
English
https://www.iadb.org/document.cfm?id=EZSHARE-1983553961-31820
Agree-Mif Equity
Financiamiento en Moneda Local y Acceso a los Mercados de Valores para Instituciones Microfinancieras en América [37853218].PDF
Jan. 21, 2015
Spanish

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